TITLE

Drug Run

AUTHOR(S)
Singh, Seema
PUB. DATE
May 2007
SOURCE
Red Herring;5/28/2007, Vol. 4 Issue 17/18, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article explores how Indian drug companies will be affected by the April 30, 2007 ruling of the U.S. Supreme Court that makes it easier to invalidate patents and raises the threshold for obtaining patents. Indian drug companies, which produce over 22 percent of the world's generic drugs, according to consulting firm KPMG, are already challenging U.S. drug patents in order to sell in the U.S. market. The Court ruling means patent challenges could become an even more potent business strategy for generics producers. It is stated that Dr. Reddy's is one example of Indian drug makers' success in reverse-engineering patent-protected medicines.
ACCESSION #
25393612

 

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